Amarc Resources Ltd. Extends Loan Agreement

Amarc Resources Ltd., a mineral exploration and development company, recently announced a loan extension agreement with a director and significant shareholder. The agreement, dated November 25, 2024, extends the repayment date of a $1,000,000 loan from November 26, 2024, to November 26, 2025. The conditions of the loan remain unchanged.

Amarc focuses on developing long-lasting, high-value copper-gold mines in British Columbia. The company's main projects are the JOY, DUKE, and IKE porphyry districts, each with substantial potential for copper-gold deposits. These projects benefit from their proximity to industrial infrastructure, including power, highways, and rail.